Innovation sucks! : time to think differently /
Watkins, Alan, 1961-
Innovation sucks! : time to think differently / Alan Watkins and Simon May. - 1 online resource (xviii, 175 pages) : illustrations
"Business spends billions on innovation with very little to show for their investment or effort. This book challenges some of the 'ingrained truths' of innovation and suggests a different approach. Innovation is not the creation of a novel idea. It is the successful commercialisation of that novel idea. Rather than starting with costly, time-consuming problem assessment that seeks to push potential solutions through an innovation funnel, an 'impeller approach' starts with possible solutions and gets the market to pull the best ones forward so they can fail fast or flourish fast. This approach is made possible by the addition of a 'bee' - a new type of integrative thinker who can harvests existing knowledge from the 'meadow of experts.' Completely reversing the innovation process means organisations are much better placed to win in the market rather than focus on finding theoretical solutions or clearing innovation stage gates. In addition, this approach also recognises that the people who shepherd the solution through the ideation and testing stage are not the same people who must then take that solution to market for successful commercialisation. Given the current innovation failure rate, coupled with the fact that society is beset with multiple wicked problems, it's time to think differently and innovate innovation itself. This book is essential reading for Heads of Innovation and Commercialisation, Directors of Marketing, Heads of New Product Development and New Service Development, Strategy Directors, Chief Technology Officers, Government advisers and policy makers"--
9781000326079 1000326071 9781000326093 1000326098 9781003134596 1003134599 9781000326086 100032608X
10.4324/9781003134596 doi
Creative ability in business.
Technological innovations.
Research, Industrial.
New products.
BUSINESS & ECONOMICS / Project Management
BUSINESS & ECONOMICS / Production & Operations Management
HD53 / .W38 2021
658.4/063
Innovation sucks! : time to think differently / Alan Watkins and Simon May. - 1 online resource (xviii, 175 pages) : illustrations
"Business spends billions on innovation with very little to show for their investment or effort. This book challenges some of the 'ingrained truths' of innovation and suggests a different approach. Innovation is not the creation of a novel idea. It is the successful commercialisation of that novel idea. Rather than starting with costly, time-consuming problem assessment that seeks to push potential solutions through an innovation funnel, an 'impeller approach' starts with possible solutions and gets the market to pull the best ones forward so they can fail fast or flourish fast. This approach is made possible by the addition of a 'bee' - a new type of integrative thinker who can harvests existing knowledge from the 'meadow of experts.' Completely reversing the innovation process means organisations are much better placed to win in the market rather than focus on finding theoretical solutions or clearing innovation stage gates. In addition, this approach also recognises that the people who shepherd the solution through the ideation and testing stage are not the same people who must then take that solution to market for successful commercialisation. Given the current innovation failure rate, coupled with the fact that society is beset with multiple wicked problems, it's time to think differently and innovate innovation itself. This book is essential reading for Heads of Innovation and Commercialisation, Directors of Marketing, Heads of New Product Development and New Service Development, Strategy Directors, Chief Technology Officers, Government advisers and policy makers"--
9781000326079 1000326071 9781000326093 1000326098 9781003134596 1003134599 9781000326086 100032608X
10.4324/9781003134596 doi
Creative ability in business.
Technological innovations.
Research, Industrial.
New products.
BUSINESS & ECONOMICS / Project Management
BUSINESS & ECONOMICS / Production & Operations Management
HD53 / .W38 2021
658.4/063
